They're not required for single-member LLCs, but it is best practice.

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

I think every single time something sells for 3-4-5x what I was willing to pay and I go ask, they know way more than Mr.

Although I would like my first investment to be a single family home.

Quote from @Michael Moreno: Hi everyone,I own a 3-bedroom, 2-bath single-family residence that I purchased in September 2023.

—can also be acquired on an all-cash basis, but your initial outlay will be a lot higher, and leasing cycles will be longer and more complex than single-family.

I pay 4000 a year in taxes for a brand new single family home I can only collect 1100 a month on....4 months of rent to just cover property taxes,  insurance is another 4000k.... that's 8 months gone.  

Lawn Care: Regular upkeep, normally the tenant's job on single family residences stated in the lease.7.

@DeAnna McKillop-LopezKeep it simple to start, unless you have more than $10M there is no need to do anything but by the property in your name and get insurance if the property is a single family rental.You can do all these other methods but they just cost you money every step along the way.

I just put down an earnest deposit on a single-family home in the 63134 ZIP code.